7 Reasons the Stock Market Is Doomed (And 7 Reasons It’s OK)
Depending on how you read the headlines, you can find reason to be optimistic ... or to be glum
By Jeff Reeves
Source: Investor Place
http://investorplace.com/2016/01/7-reas ... pieICp96M8
"If you don't buy something when the market is universally and deservedly despised, then when will you buy, especially if you're sitting on a boatload of cash?" Cramer asked.
The selloff will end when investors feel prices have fallen by enough to account for whatever bad news might still be lurking, undiscovered.
There’s also more confusion in markets than usual, given a poor understanding of the Chinese economy, the complicated interplay of various exchange rates, and a sudden lack of interest in the relatively stable U.S. economy.
Summarizing BofA’s chief investment strategist: enjoy the relief rally, it won’t last.
The expensive problem for the average investor is that he is wrong at market extremes: too bullish at market tops and too bearish at market bottoms.
For at least the near term, we could be looking at a market bottom.
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